By Dave Spooner When customers are online, so are businesses. It’s no less true in the rental industry—with customers increasingly embracing online bill pay, online rent collection is only a logical next step for landlords. But online rent collection is often met with hesitancy. Some believe that online payments are less secure or reliable. Others…
Apartment Rent Growth Is Declining Fast
June 15, 2023
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Apartment rent growth in the United States is declining fast, after years of soaring prices. The decline in rents are giving many millions tenants relief for the first time since the early months of the pandemic, partially due to the increasing amount of apartments on the market. Rental prices may start to ease more this…
Real Estate Investors Undeterred by Reports of Violent Crime in Mexico
Six locations in Mexico have been named among the “Top 10 Best Places in the World for Real Estate Investment,” according to Real Estate Trend Alert, a leading source of real-time information for investors. They include: Los Cabos in fourth place, followed by Baja California, Riviera Maya, San Miguel de Allende, Puerto Vallarta, and Merida,…
Helping an Aging Parent and Investing in Real Estate
Dear Monty: We plan to build an addition to our current home. Our home is ranch style with a walkout lower level consistent with the neighborhood pattern in size and amenities. The expansion would be on the main floor only and allow us to house an aging parent in a small apartment, plus add additional…
New Zealand Property Downturn Appears to Be Near the Bottom
New Zealand’s residential housing price slump may be nearing its end, but experts are warning that there is still a period of uncertainty and volatility ahead. The latest data from Quotable Value’s (QV) House Price Index showed that falling home prices have slowed for the second month in a row. Over the three months to…
Commercial Real Estate Forecast Mixed, Office Continues to Slide, Other Sectors Thriving: UCLA Anderson
June 12, 2023
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Commercial real estate in the United States is facing uncertainty, with mixed signals from traditional economic bellwethers like housing and employment contributing to the lack of clarity, and lingering fears of recession leave the predictions open-ended, according to a recent forecast by the University of California–Los Angeles Anderson School of Business, which included estimates for…
Labor’s Attempt to Appease Greens Fall Flat as Greens Cling to Rent Freezes
June 12, 2023
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The Greens are being chastised for their failure to support one of Labor’s key legislative policies, the Housing Affordability Future Fund (HAFF), after the government rejected their demand of a country-wide rental freeze, with the Prime Minister calling them difficult. This is despite the announcement the government would make key changes to the bill that would…
3D-Printed Homes Hit the Market in Texas
A housing project has put up 3D-printed homes for sale in the Austin region, which is said to be the first such project in the United States. The project, first announced by construction startup Icon last year, is being built at Wolf Ranch, a master planned community in the city of Georgetown, Texas, located 25 miles…
Rate Outlook ‘Could Trigger Another Property Downturn’: Experts
Following another interest rate hike and higher odds for more tightening, the residential property market’s recovery may be cut short. The Reserve Bank of Australia (RBA) hiked by another 25 basis points on Tuesday, taking the cash rate to 4.1 percent, and kept its options wide open to keep going if deemed necessary. While interest…
Investor Home Purchases Fell 49 Percent in One Year
The percentage of homes purchased by real estate investors fell 49 percent compared with what they bought a year before, and overall home purchases fell 41 percent, according to real estate brokerage Redfin, which analyzed date from 40 major metros. Something that may have led investors to retreat from the housing market likely are rising…
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